[quote=afx114]Those are very valid points and I agree with most of them. But please refer back to the graphs I posted on page 2 of this thread. I still haven’t heard anyone explain the logic behind the claim that our taxes are too high. They aren’t — both historically and comparatively speaking. Even if we raised them 5% across the board.[/quote]
Most people think that taxes are high enough. Perhaps they have not been historically high. But do you really want to raise taxes at this time? With the economy in such bad shape? History shows they tried this before and it didn’t work (Smoot-Hawley anyone?). If you raise tax rates 5%, will you be willing to accept the x% rise in unemployment? My answer is no. Perhaps that is the attitude of the Tea Party.
Maybe they are too high NOW because of the economic situation. Maybe they are too high NOW because the government is contemplating raising them. Maybe they are too high NOW because business are reluctant to increase their hiring.
So while a time based graph is nice, you have to recognize the current conditions and place them in proper context. I think you’ll agree with me that things haven’t been this bad in a long time.
